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1 Frances Street
Tweed Heads NSW 2485
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Sold on 19 Jul 2023

1 Frances Street Tweed Heads NSW 2485

  • Development / Land
  • 607 m²
  • Sold

FREEHOLD INVESTMENT - GOLDEN OPPORTUNITY !!!

    Towers Francis Property is proud to offer to the market for the first time in over 25 years 1 Frances Street, Tweed Heads NSW.

    The subject property sits on a 607 sqm prime corner of Frances Street and Beryl Street, adjacent to St Josephs's Catholic Primary School and next to the Tweed Central office building in the heart of the Tweed Heads CBD.

    This offering presents a unique opportunity for the astute investor or developer to capitalise in this tightly-held precinct and benefit from the proposed higher-density zoning while, in the midterm, benefiting from the income derived from the successful tenant currently trading as a swim school.

    INVESTMENT FEATURES:

    - $38,837 net return per annum
    - lease expires May 2024 + 5 year option

    PROPERTY FEATURES:

    - 607 sqm corner site.
    - 267 sqm warehouse.
    - Zoned E2 Commercial Centre.
    - Floor Space Ratio 4:5.
    - Maximum building height 49.5 meters.
    - 150m to Tweed Mall Shopping Centre.

    PRICE: UNDER CONTRACT

    For further information or to book an inspection, please don't hesitate to call the exclusive selling agents at Towers Francis Property.

    Towers Francis Property
    Towers Francis Property
    Suite 2B Tweed Office Park 24-28 Corporation Circuit
    Tweed Heads South, NSW 2486

    Property Highlights

    Date Sold19 Jul 2023
    Floor Area267 m²
    Land Area607 m²
    ParkingAsk Agent
    Property ID2018618091
    Category
    Last updated  29 Sep 2023
    Map for 1 Frances Street Tweed Heads NSW 2485

    Nearest transport* to 1 Frances Street Tweed Heads NSW 2485

    Bus
    Train
    Tram
    Ferry
    St Joseph's Primary School, Enid St114 m
    Tweed Mall, Wharf St179 m
    Wharf St opp Tweed Heads Visitor Information Centre299 m
    Tweed Heads Bowls Club, Florence St324 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    Towers Francis Property
    Towers Francis Property
    Suite 2B Tweed Office Park 24-28 Corporation Circuit
    Tweed Heads South, NSW 2486

    Property Highlights

    Date Sold19 Jul 2023
    Floor Area267 m²
    Land Area607 m²
    ParkingAsk Agent
    Property ID2018618091
    Category
    Last updated  29 Sep 2023

    Listed by

    Craig Norrie
    Towers Francis Property
    Call
    0487343407

    More about 1 Frances Street Tweed Heads NSW 2485

    1 Frances Street Tweed Heads NSW 2485 is categorized as Land & Development Property. It has a floor area of 267 m² and a land area of 607 m². The listing ID for this property is 2018618091.

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